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100%
After giving lessons on socialism, China decided to teach IMF a class on capitalism as well.
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100%
Isn't he the My Little Pony guy???
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IMF revises China's two-year economic growth upwards, cites strong GDP
This is basically tautological.
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100%
Rule of law at its finest
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100%
America's still got it. I might not be getting much bread, but the circuses are top-notch.
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100%
Market competitive even with the 100% tariff. Incredible.
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This is the logical conclusion of seeing raw GDP per capita as the most important metric.
They have no choice but to double down at this point.
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would still get restricted because they’re contentious. Like if you start talking about how you believe in equal rights, that’s something most people agree with (at least in principle,) and it shouldn’t be political. But it’s going to ruffle some feathers anyways (especially if you get any more specific than that,) so it’d be restricted.
If this is the best example you can come up with, it is fairly unconvincing that any mainstream political will be restricted.
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100%
How is the court system more progressive than the university?
They need to get rid of all the admins and start again because that is no institute of higher education.
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I never thought that I'd agree with the Israeli government on any issue.
But now I'm forced to agree that Israel should voluntarily cutoff their own arms.
Trudge
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100%
I just googled to see how big Kharkiv is and it's the second biggest city in Ukraine after Kiev.
I thought that it was another regional center but it seems like it's actually a big deal this tume around.
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100%
Tariffs are okay when emerging economies use them to protect and nurture their budding industries.
It's kinda the opposite here.
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100%
our sacred constitution
Israel truly is America's little brother. Founding documents never trump the will of current members despite what constitutionalists believe.
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100%
To be fair, they do it to Native Americans too complete with tipis, headdresses and all.
Cultural appropriation is their culture
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GDP per capita is the only metric that matters. There's absoutely no problem with it whatsoever.
This is the best America has ever been.
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Please heed our call Mr. Kelogg. People are demanding sawdust-enriched cereals.
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My standards are getting lower every year.
I'll settle for regular rail and decriminalizing homelessness at this point.
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100%
If they need any more motivation to ditch the fork, they are a Chinese invention. Evil CCP can spy on you through this piece of critical technology.
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I once saw a survey done in Seattle asking people whether they would prefer to eat feces raw or deep-fried. Based on the result of that survey, I have concluded that people in Seattle like deep-fried feces and are actively choosing to eat it.
Trudge
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100%
That is bigger than half the world's per capita military spending only on additional policing.
www.uhb.jp
Nikkei average stock price hit 39,098 yen per share, a high that hasn't been seen in 34 years Hokkaido resident interviews below regarding the phenomena >When the stock prices go up abnormally, there are repercussions so I'm cautious >Hourly wage nor salaries will rise up and we cannot go on living like this. Only (stock) prices that are unrelated to daily living are rising. >No one feels that the economy's doing well. The rich gets richer while the poor stays poor.
cross-posted from: https://lemmygrad.ml/post/3977267 > cross-posted from: https://lemmygrad.ml/post/3977266 > > > cross-posted from: https://lemmygrad.ml/post/3977265 > > > > > cross-posted from: https://lemmygrad.ml/post/3977264 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977263 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977218 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977217 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977216 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977108 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977107 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977266 > cross-posted from: https://lemmygrad.ml/post/3977265 > > > cross-posted from: https://lemmygrad.ml/post/3977264 > > > > > cross-posted from: https://lemmygrad.ml/post/3977263 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977218 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977217 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977216 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977108 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977107 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977265 > cross-posted from: https://lemmygrad.ml/post/3977264 > > > cross-posted from: https://lemmygrad.ml/post/3977263 > > > > > cross-posted from: https://lemmygrad.ml/post/3977218 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977217 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977216 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977108 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977107 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977217 > cross-posted from: https://lemmygrad.ml/post/3977216 > > > cross-posted from: https://lemmygrad.ml/post/3977108 > > > > > cross-posted from: https://lemmygrad.ml/post/3977107 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977216 > cross-posted from: https://lemmygrad.ml/post/3977108 > > > cross-posted from: https://lemmygrad.ml/post/3977107 > > > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977108 > cross-posted from: https://lemmygrad.ml/post/3977107 > > > cross-posted from: https://lemmygrad.ml/post/3977022 > > > > > cross-posted from: https://lemmygrad.ml/post/3977021 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977022 > cross-posted from: https://lemmygrad.ml/post/3977021 > > > cross-posted from: https://lemmygrad.ml/post/3977020 > > > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977021 > cross-posted from: https://lemmygrad.ml/post/3977020 > > > cross-posted from: https://lemmygrad.ml/post/3977018 > > > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977020 > cross-posted from: https://lemmygrad.ml/post/3977018 > > > cross-posted from: https://lemmygrad.ml/post/3977015 > > > > > cross-posted from: https://lemmygrad.ml/post/3977014 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977015 > cross-posted from: https://lemmygrad.ml/post/3977014 > > > cross-posted from: https://lemmygrad.ml/post/3977011 > > > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977014 > cross-posted from: https://lemmygrad.ml/post/3977011 > > > cross-posted from: https://lemmygrad.ml/post/3976980 > > > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3977011 > cross-posted from: https://lemmygrad.ml/post/3976980 > > > cross-posted from: https://lemmygrad.ml/post/3976979 > > > > > cross-posted from: https://lemmygrad.ml/post/3976939 > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976896 > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976894 > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976843 > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976841 > > > > > > > > > > > > > > > cross-posted from: https://lemmygrad.ml/post/3976838 > > > > > > > > > > > > > > > > > The act of cross-posting fragment discussion among myriads of instances
cross-posted from: https://lemmygrad.ml/post/3976838 > The act of cross-posting fragment discussion among myriads of instances
mainichi.jp
-Saito Kohei is a renowned Marxist scholar from the University of Tokyo -As a result of ignoring climate change and economic disparity, people are not reproducing anymore -Japanese social contract has been broken down and lifetime employment has been reduced to irregular employment -Workers are being seen as nothing more than costs by companies -Overconcentration of population in Tokyo is happening not due to the wish of the poeple, but due to the concentration of capital there -Population decline is happening not only in rural areas but in regional cities as well due to this phenomena -Japan and South Korea are in a grave situation due to advanced capitalism (in their respective countries)
www.scmp.com
>The car starts at just over US$11,000, lower than bestselling petrol-powered cars like Volkswagen’s Lavida and Toyota’s Corolla >The world’s largest EV maker, BYD has been ramping up efforts to make its mass-market electric cars more affordable for Chinese consumers >BYD, the world’s largest electric-vehicle (EV) maker, has launched a new version of its plug-in hybrid model the Qin Plus DM-i, pricing it lower than bestselling petrol-powered cars like Volkswagen’s Lavida and Toyota’s Corolla. >The company, backed by Warren Buffett’s Berkshire Hathaway, said on Monday that the new variant, known as the Glory Edition, aims to accelerate customers’ conversion from fossil fuel-powered vehicles to EVs amid a slowing economy. >The new version starts at 79,800 yuan (US$11,086), lower than the previous edition by 20,000 yuan or 20 per cent. Its battery-only driving range is 55 kilometres. >“The price will make petrol car assemblers tremble,” BYD said in a statement on the microblogging site Weibo. “The Glory Edition will become a benchmark for the Class-A [compact] car segment.” >The new edition is 15 per cent cheaper than the entry-level Lavida and nearly 40 per cent less than the basic Corolla.
www.cnn.com
>Capital One announced it’s acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. >If the deal is finalized, current Capital One shareholders will own a 60% stake in the combined company, while Discover shareholders will own the remaining 40%. >With a market valuation of almost $28 billion, Discover is considerably smaller than the other three major credit card networks in the US — Visa (V), Mastercard (MA) and American Express (AXP). Credit card networks are the liaison between card issuers and merchants, for whom they set fees. >Getting Discover, which also issues its own credit cards, under the same roof as Capital One would give the bank a major leg up against competing credit card-issuing banks such as JPMorgan Chase (JPM), Bank of America (BAC) and Citigroup (C), which don’t process transactions themselves. >A marriage between Capital One and Discover, if approved by regulators, would also give Capital One a new source of revenue from the merchant fees it collects. >Currently, Capital One issues credit cards with Mastercard, Visa and Discover. The deal would likely result in more of its cards getting switched to the Discover network, the Wall Street Journal reported earlier on Monday before the deal was officially announced.
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